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2703 12th St NE
Washington, DC 20018 Brookland

$768,000 USD

Storefront Retail Residential For Sale  •  2,400 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 2,400 SF
  • Lot Size 0.02 AC
  • Building Class C
  • Year Built 1927
  • Tenancy Multiple
  • Zoning MU-3
80 Transit Score
90 Walk Score

Highlights

Mixed-Use Asset Featuring Street-Level Retail and Two Residential Units Above
Two Residential Units (1 Occupied | 1 Vacant) Offering Lease-Up Upside
Pro Forma 7.0% Cap Rate Upon Full Stabilization
Steps from Rhode Island Avenue Corridor and Minutes to the Brookland-CUA Metro Station
Proximity to Monroe Street Market, a Major Retail and Community Destination
Ideal for Investors Seeking a Value-Add Mixed-Use Investment with Upside Potential

Public Transportation

Commuter RailDriveWalkDistance
Lead (Fredericksburg Line - Virginia Railway Express, Manassas Line - Virginia Railway Express) 5 min - 2.5 mi
Union Station (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC), Camden Line - Maryland Area Regional Commuter Trains (The MARC), Fredericksburg Line - Maryland Area Regional Commuter Trains (The MARC), Manassas Line - Maryland Area Regional Commuter Trains (The MARC), Penn Line - Maryland Area Regional Commuter Trains (The MARC), Red Line - Maryland Area Regional Commuter Trains (The MARC)) 6 min - 2.7 mi
Transit/SubwayDriveWalkDistance
Rhode Island Ave-Brentwood (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 1 min 9 min 0.5 mi
Brookland-Cua (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 2 min 14 min 0.8 mi
AirportDriveWalkDistance
Ronald Reagan Washington Ntl 15 min - 8.0 mi
Baltimore/Washington International Thurgood Marshall 43 min - 29.4 mi
Washington Dulles International 49 min - 30.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Krystin Gambrell 202-536-3729 Marcus & Millichap
Krystin Gambrell 202-536-3729 Marcus & Millichap